ResGreen Group International Inc.: Resgreen Group International, Inc. Signs Letter of Intent with RB Capital Partners, Inc.
, a leading mobile robot company,
today announced that it has executed on a signed letter of intent with California based RB Capital Partners, Inc. ("RB Capital") to receive $500,000+ of financing over the next six months. The Company has already received the first tranche of $100,000 from RB Capital as the demand for its UV-C products and Autonomous Mobile Robot (AMR) is growing.
Much of this funding is dedicated to the purchase of inventory needed to finish assembly of the Wanda II and Pull Buddy orders, as well as to prepare additional equipment inventory for impending sales that are anticipated from the early interest we have received.